4461 New Carlisle PikeSpringfieldOH45504
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Springfield at 4461 New Carlisle Pike, Springfield, OH, 45504 earns from $2,039/mo rent with a $2,569/mo payment. Total monthly income totals $2,039/mo. ROI tracks 10.24% on current figures, and rental yield reads 4.66% at a $524,900 purchase. Equity gained on principal adds $3,387/yr, and 5% annual appreciation supports $145,020 over five years. Five-year ROI reaches 51.47% and total cumulative return in cash sums $88,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,039/mo property income instead of your personal income.
Single Family
Built in 1916
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45504, Springfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,503 (100%) |
| Owner Occupied HU | 4,536 (60.5%) |
| Renter Occupied HU | 2,132 (28.4%) |
| Vacant Housing Units | 835 (11.1%) |
| Median Home Value | $199,746 |
| Average Home Value | $236,193 |
Housing Distribution
Address Breakdown
Residential
7,054
Single Family
6,747
Multi-Family
307
Businesses
596
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Listed by: Jeff Ramm • Coldwell Banker Realty
Mls Name: DABR MLS
Mls ID: #951078